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Axis Bank IFSC Code UTIB0SALMEL

HomeIFSC CodesAxis BankUTIB0SALMEL

IFSC Code: UTIB0SALMEL

MICR Code: 586259259

SWIFT Code:

Branch: THE ALMEL URBAN COOPERATIVE BANK

Bank: Axis Bank

Address: MAIN MARKET ALMEL 586202

District: BIJAPUR

State: KARNATAKA

Contact: +918488232095

Indian Financial System Code (IFSC): UTIB0SALMEL

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

  • The first four characters represent the bank name.
  • The fifth character is always ‘0’ and is reserved for future use.
  • Branch Code SALMEL. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 586259259

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.

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